OVERALL TREND IS BULLISH, PRICE SEEMS TO BE IN A POTENTIAL RANGE THEREFORE CREATING A SHORTING OPPORTUNITY
IDEALLY I WOULD WANT TO BUY THIS MARKET AS CURRENT TREND HAS BEEN BULLISH SO I WILL WAIT FOR PRICE TO POTENTIALLY REACH 4 HR DEMAND ZONE AND LOOK FOR SIGNS OF REJECTIONS FOR POTENTIAL BUYS AS THAT DEMAND ZONE MAY HAVE BUY ORDERS LEFT FROM PREVIOUS BULLISH MOVE WHICH WAS NEVER FUFILLED
I EXPECT PRICE TO PUSH DEEPER INTO THE 4 HOUR DEMAND ZONE AND IF I SEE SIGNS OF REJECTION IDEALLY DOUBLE BOTTOM OR ON THE SMALLER TIME FRAME INDICATING PRICE HAS REVERSED AND STEPPING UP I WILL LOOK FOR A BUY
IF PRICE HOLDS AND SHOWS REJECTION OF THAT LEVEL I WILL WAIT FOR A BUY ENTRY
I EXPECT A PULLBACK TO THAT ZONE THEN A CONTINUATION TO THE UPSIDE
BIAS FOR THIS PAIR IS SHORT, WAITING FOR PRICE TO BREAK THIS RANGING MARKET
PRICE STILL HAS NOT INDICATED THAT ITS BEARISH SO HAVE TO BE PATIENT AND WAIT FOR PRICE TO GIVE CLEAR SIGNS FOR SELL